However, Wilshire Consulting attributes much of the improvement in funded status for the trailing 12 months to state employer contributions.
Being less optimistic than advisers about participants’ retirement readiness, plan sponsors also want guidance about alternative plan designs and cite increasing defined contribution (DC) plan participation as their biggest challenge, a Voya survey found.
Plaintiffs in the lawsuit argue that passive funds would have resulted in better returns net of fees that the actively managed funds offered in the plan.
INSIDE THE MAGAZINE PLANSPONSOR APRIL/MAY 2019
Younger employees would benefit most from a requirement for employers to offer retirement plans, while older employees would benefit most from providing the option of guaranteed income for life from defined contribution (DC) plans.
The editor-in-chief of the Washington Free Beacon says Democrats may end up regretting their calls for Acosta's resignation since his replacement could be more proactive in pushing the Trump labor agenda.
Among those that include physical, social, financial, community and mental health, employee productivity is higher.
In addition to promoting inaccurate pension heath assessments, a new academic paper argues, pension accounting rules set by the Governmental Accounting Standards Board create “a degree of moral hazard for stakeholders.”
It helps users quantify the value of their high deductible health care plan, both in the present and the future, and select investments.
The Pension Benefit Guaranty Corporation has published a new form and instructions with the goal of streamlining and simplifying the ERISA Title IV coverage determination process.
The legislation aims to establish a 30-year loan program and new financial assistance for financially troubled multiemployer pension plans.
Mercer's clients in the United States will have access to Club Vita's proprietary longevity assumptions, analytics and reporting, which will help them to better assess and manage their plans' longevity risk.